The Coimbatore SIDCO Industrial Estate Manufacturers’ Welfare Association (COSIEMA) recently signed an agreement with Karpagam Institute of Higher Studies for the exchange of technical ideas and the training of students.
A press release from the Association said the industrial scenario is transforming, with higher adoption of technology and digital tools, in order to be competitive. Students should be industry-ready to be recruited after their graduation and hence need to be trained. While the industry needs new technology ideas and concepts, the students require hands-on training at industries. The Memorandum of Understanding will benefit the members of COSIEMA, which has about 350 members, and the Institute. Even if the students do part-time training at the SIDCO units, they get a stipend.
The 45-year-old SIDCO Industrial Estate at Kurichi in Coimbatore has 500 occupants, most of them in the Micro, Small and Medium-scale sector. The Association has signed an agreement earlier with another technical institute, according to M. V. Loganathan, COSIEMA’s Industry-Institute relationship chairman.
